Mitchells & Butlers (LON:MAB) Insider Phil Urban Purchases 48 Shares of Stock

Mitchells & Butlers plc (LON:MAB) insider Phil Urban acquired 48 shares of the business’s stock in a transaction dated Friday, August 14th. The stock was purchased at an average price of GBX 285 per share, with a total value of £136.80.

Phil Urban also recently made the following trade(s):

• On Friday, July 17th, Phil Urban bought 52 shares of Mitchells & Butlers stock. The shares were purchased at an average cost of GBX 267 per share, with a total value of £138.84.
• On Friday, June 19th, Phil Urban bought 58 shares of Mitchells & Butlers stock. The shares were purchased at an average cost of GBX 239 per share, for a total transaction of £138.62.
• On Friday, May 22nd, Phil Urban purchased 60 shares of Mitchells & Butlers stock. The stock was acquired at an average price of GBX 230 per share, for a total transaction of £138.

Mitchells & Butlers Price Performance

Mitchells & Butlers stock traded down GBX 6.50 during midday trading on Monday, hitting GBX 277. The company’s stock had a trading volume of 133,487 shares, compared to its average volume of 2,013,780. Mitchells & Butlers plc has a 12 month low of GBX 223.50 and a 12 month high of GBX 301.50. The company has a quick ratio of 0.46, a current ratio of 0.48 and a debt-to-equity ratio of 47.97. The company has a market capitalization of £1.65 billion, a PE ratio of 9.05, a price-to-earnings-growth ratio of 2.76 and a beta of 1.29. The stock’s 50-day moving average price is GBX 261.57 and its 200-day moving average price is GBX 263.53.

Mitchells & Butlers (LON:MAB) last posted its quarterly earnings data on Thursday, May 21st. The company reported GBX 17.40 earnings per share for the quarter. The company had revenue of GBX 149 billion during the quarter. Mitchells & Butlers had a net margin of 6.70% and a return on equity of 6.41%. Analysts anticipate that Mitchells & Butlers plc will post 26.6341463 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Separately, Jefferies Financial Group restated a “buy” rating and set a GBX 355 target price on shares of Mitchells & Butlers in a report on Thursday, May 21st. Four investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Mitchells & Butlers has a consensus rating of “Moderate Buy” and an average target price of GBX 558.75.

Mitchells & Butlers Company Profile

Mitchells & Butlers is a leading operator of managed restaurants and pubs in the UK. It listed on the London Stock Exchange in April 2003 and is a member of the FTSE 250. Its restaurants and pubs have some of the highest average sales and profits per site in the industry and it operates the best portfolio of brands in the UK.